Press Information | POSSEHL – The Entrepreneurs’ Group

		2013	2014	2015	2016	2017	2018
Earnings
Sales	€ million	2,821	3,283	3,516	3,877	3,809	3,764
thereof sales from precious metal trading	€ million	915	1,233	1,311	1,682	1,466	1,266
Sales adjusted for the proceeds from precious metals trading	€ million	1,906	2,050	2,205	2,195	2,343	2,498
Earnings result from ordinary operations (EBIT) before one-off income	€ million	149	143	167	175	176	181
Earnings before taxes (EBT)	€ million	132	125	145	243	158	162
Consolidated net profit	€ million	94	86	89	188	100	107
Dividends	€ million	22	27	24	57	18	19
EBIT ratio*	%	7.8	7.0	7.6	8.0	7.5	7.2
Return on equity before taxes	%	23.0	20.1	20.7	30.2	17.9	17.6

Net assets
Balance sheet total	€ million	1,197	1,305	1,382	1,563	1,619	1,788
Economic equity	€ million	573	623	700	804	885	920
Equity ratio	%	49.7	49.9	52.3	53.4	56.1	54.1
Working capital	€ million	449	502	488	551	600	706

Financial position
Net financial assets	€ million	136	149	264	352	366	268
Cash flow from operating activities	€ million	154	124	223	127	121	91
Investment in property, plant and equipment and intangible assets (excluding goodwill)	€ million	65	58	67	82	71	108
Depreciation of property, plant and equipment and intangible assets (excluding goodwill)	€ million	54	50	53	56	58	61

Employees
Employees, annual average		11,210	11,954	12,164	12,443	12,413	13,365
thereof domestic		6,680	6,906	6,865	6,896	6,708	6,985
thereof abroad		4,530	5,048	5,299	5,547	5,705	6,380
Personnel expenses	€ million	572	617	643	672	676	718
* EBIT before one-off income/sales adjusted for the effects of sales from precious metal trading